$1,300,000
For Sale

Address Not Shown

Los Angeles, CA 90008
5396 sqft | 8 beds | 0.13 acres | #24449303
Listing OfficeMcAlpin & Company
Type:Multi-Family
Structure:House
Zone:Commercial

Description

We are pleased to present this 4 Unit multifamily investment in the desirable rental area of Leimert Park. This building offers four 2-bedroom 1 bath units boasting 1,349 square feet of living space. The structure was built in 1928 of wood-frame stucco construction with stylish Spanish Colonial architecture. The units have a total of 5,396 square feet and are situated on a 5,501 square foot lot, which is zoned LAR3. Currently the total monthly income is $6,271 per month, leaving a new Owner plenty of upside in the rents upon turnover. The building is fully occupied, and no units will be delivered vacant. Please make all offers subject to inspection and submit proof of funds and DU approval with all offers. Please do not disturb tenants.

  • Property Details
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • Sewer InformationSewerTapPaid
      • InteriorCeilingFans
      • CountyLos Angeles
      • Original List Price$1,400,000
      • MLS #24449303
      • MLS #24449303
      • Cost1300000
      • Acres0.1263
      • Square Feet5396
      • Year Built1928
      • Bedrooms8
      • Stories2
      • Parking Spaces3

Location

Cristina Arneson-CabreraReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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